Covid-19 has been a mixed blessing for makers of medical equipment
Medtronic, an American medical-device giant, offers an illustrationFEW INDUSTRIES have whipsawed in the covid-19 recession as violently as medical-device makers. The pandemic led to a collapse in elective medical procedures requiring their sophisticated kit, dealing a powerful blow to sales. At the same time, the crisis created opportunities for firms making ventilators and testing kit.For…